The logistics company was a pump and nothing more. They picked the name of this company as a bait and switch that would let the twitter pumpers run around cheering that the company was just going to hand over equity ownership to the bagholders of this dead, empty company.
And that's all this will ever be. No legitimate company is going to merge in and hand over that ownership to the shareholders here, it would be monumentally stupid. This is just another RM scam, another version of the China hustle.
The name of this shell is hong yuan holding group.
Why would they use the name of a medium sized(not huge) logistics company, Hongyuan Holding(s) Group, with trademark filings in the US; unless their intent was to either defraud investors, or reverse merge with the stated company?
If their goal was to acquire companies and become a holdings company in their own right, sans a r/m with Hongyuan HG, why would they choose Hong Yuan Holding Group as their name?
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